SPECIAL RULES APPLICABLE TO QUALIFIED SMALL BUSINESS STOCK FOR 2009 AND 2010.

SEC. 1241. SPECIAL RULES APPLICABLE TO QUALIFIED SMALL BUSINESS STOCK FOR 2009 AND 2010.(a) In General.—Section 1202(a) is amended by adding at the end the following new paragraph:“(3) Special rules for 2009 and 2010.—In the case of qualified small business stock acquired after the date of the enactment of this paragraph and before January 1, 2011—“(A) paragraph (1) shall be applied by substituting ‘75 percent’ for ‘50 percent’, and“(B) paragraph (2) shall not apply.”.(b) Effective Date.—The amendment made by this section shall apply to stock acquired after the date of the enactment of this Act.